Infosys completes acquisition of Noah Consulting

NEW DELHI: The country's second-largest software services company Infosys today said it has completed the acquisition of US-based oil and gas consulting firm Noah Consulting.

Last month, the Bengaluru-based firm had announced the acquisition of Noah Consulting for $70 million (about Rs 453.5 crore) in an all-cash deal.

"Infosys has completed the acquisition of Noah Consulting, a provider of advanced information management consulting services for the oil and gas industry. The acquisition is in accordance with the terms set out in the agreement announced by the company on October 19, 2015," it said in a statement.

Separately, RCom initiated contempt proceedings in the apex court against the Department of Telecommunications, blaming it for delaying a spectrum sale that would have enabled dues to be paid to Ericsson and lenders.